Current AffairsGovernment Schemes

Open Market Sale Scheme (OMSS)

The Centre has informed the Supreme Court regarding the purchase of grains by the States and the UTs under the Open Market Sales Scheme (OMSS) in 2021-2022 while debunking apprehensions that those without ration cards may be left to die.

About Open Market Sale Scheme (OMSS)

  • OMSS refers to the selling of food grains by the government/government agencies at predetermined prices in the open market from time to time.
  • This scheme aims to enhance the supply of grains especially during the lean season and thereby to moderate the general open market prices, especially in the deficit regions.
  • This enhances the supply of wheat and rice especially during the lean season and moderates the open market prices, especially in the deficit regions
  • The Food Corporation of India (FCI) on the instructions from the Government, sells wheat and rice in the open market from time to time.
The present form of OMSS comprises 3 schemes as under:
  1. Sale of wheat to bulk consumers/private traders through e-auction.
  2. Sale of wheat to bulk consumers/private traders through e-auction by dedicated movement.
  3. Sale of Raw Rice Grade ‘A’ to bulk consumers/private traders through e-auction.
Tags: Current Affairs, Government Schemes

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